Home / Knowledge / News / Textiles / Indian silk exports tumble in 2009-10
Indian silk exports tumble in 2009-10
27
Sep '10
Shrinking silk demand from the key Indian silk material importer, The US, has influenced the country's target of silk export earning fixed for the fiscal 2009-10. The country garnered Rs 28.71 billion in 2009-10, just 67 percent of the target of Rs 41.5 billion fixed by the Union Textile Ministry and also recorded a 10 percent fall against the earning of the fiscal 2008-09 which stood at Rs 31.7 billion.

The export volume of silk items reduced in 2009-10 mainly due to the fall in exports to the US to R s4.1 billion from Rs 5.3 billion of 2008-09. Moreover, exports to Hong Kong as well as UK tumbled down to Rs 3.66 billion and R s3.12 billion in 2009-10, from Rs 3.81 billion and Rs 3.41 billion, respectively.

Further in this declining trend, Indian silk exports to Germany fell down to Rs 1.58 billion from Rs 1.93 billion, to Italy from Rs 1.96 billion to Rs 1.5 billion and to France to Rs 1.22 billion from Rs 1.5 billion, while to Spain it tumbled down to Rs 1.12 billion from Rs 1.81 billion.

Natural silk yarn, fabrics, made ups, readymade garments, silk carpet and silk waste are the products which India exports. It shipped around Rs 14.13 billion worth natural silk yarn, fabrics, made ups, and Rs 13.93 billion worth silk garments in fiscal 2009-10.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Textiles | On 30th Mar 2017

Lok Sabha approves 4 supplementary GST legislations

The Lok Sabha has approved four supplementary Goods and Services Tax...

Courtesy: ShopKeep

Information Technology | On 30th Mar 2017

Shopkeep partners with software provider BigCommerce

ShopKeep, the cloud-based technology solution that transforms an iPad ...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search